FedChoice Credit Union History

History & Leadership

Our History

1935. Seems like only yesterday. That’s when about two dozen IRS employees decided to start a credit union to serve their fellow employees at the Main IRS Building by offering savings accounts and personal loans (in the midst of the Great Depression, too.)

Over the years, and through various additions to our field of membership, we gained a lot of happy members in the IRS, ATF and many other federal agencies, and changed our name to FedChoice Federal Credit Union. As of December 31, 2020, FedChoice could boast:

  • Total assets in excess of $387 million
  • Over 70 employees
  • A wide variety of share and loan products
  • A competitive place in the market
  • Not to mention more than 85 years of stability and growth

Our charter – includes all federal civilian employees, federal government contractors plus their family and household members. And that includes retirees, annuitants, pensioners and their families, too!

FedChoice serves the Washington, D.C. – Baltimore – Philadelphia metro area, which includes 40 counties from Virginia to New Jersey.

Our Leadership

The Board of Directors serve and are elected by the members of the credit union. The board is responsible for duties such as credit union policy, planning, finance and service delivery. Board members serve on a voluntary basis and receive no compensation for the time they spend working on behalf of the membership of the credit union.

Our current FedChoice Board of Directors include:

  • Arthur Altman - Chairman
  • Brad Buckles - Vice Chairman
  • Brenda H. Jackson - Secretary
  • Michael McCrea - Director
  • David E. Bunch Jr. - Director
  • Vivian Michalic - Director

Find out how your credit union can help you reach your goals or meet your personal financial needs. Visit any Financial Service Center or call 301.699.6151 • 800.969.6151.

FedChoice Corporate Values (CARDIO) –

  • Collaborative – working together towards a common end
  • Agile – nimble, responsive, quick, alert
  • Revolutionize – transform, bringing about radical change
  • Dynamic – lively, self-motivated, active, vibrant, energetic
  • Innovative – inventive, original, showing marked departure from previous practice
  • Ownership – taking individual responsibility for actions/issues and results